Delaware Supreme Court Limits Mergers Undercutting Minority Rights
The Delaware Supreme Court ruled that minority shareholders cannot be squeezed out in a merger without a fairness review. The Magnavox North American Philips case forced a reevaluation of the price and process, signaling a shift toward requiring proof of fairness beyond strict compliance with corporate law.
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NY Times News Service
New York
Delaware
Supreme Court of Delaware
Magnavox Co
Philips Corp
North American
Magnavox
Louis
Mollie Singer
Delaware Court of Chancery
Supreme Court
Red Hot Lovers Debuts at Plaza with Star-Studded Cast
Neil Simon comedy Last of the Red Hot Lovers opens at Union Plaza Tuesday. Marty Brill Jane Kean and Marilyn Chambers lead the production with Kean in dual roles. Performances run 8 p.m. dinner and 11:45 p.m. cocktail shows.
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Neil Simon
Union Plaza
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Jane Kean
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Plaza
Maynard Sloate
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New York City
Carroll Righter Horoscope General Tendencies
Horoscope page advises cooperation to improve relations and outlines daily guidance for each zodiac sign. It notes caution on finances for Taurus and Virgo and urges practical planning. It ends with a birth prediction for children and a reminder to promote self-reliance.
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ARIES
Taurus
Leo
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